10. A person purchased 10 dozen pens at the rate of 40 per dozen. On checking, he found that 20 pens were
not working. In order to earn 25% profit, at what price should he sell each pen?
Answers
Step-by-step explanation:
10 dozen pens=10×12=120
Rate of per dozen Rs 40
Rate of per pen=40/12=20/6
Out of 120 pen 20 pens not working.
100 pens working.
Price of 100 pens=20/6×100
=333.3
=Rs 334
25% profit=25/100×334
=83.5
=Rs 84
25% profit on 100 pens=334+84
=Rs 418
25% profit on each pen=418/100
=4.18
=Rs 5
He should sell each pen at Rs 5.
Answer:
Rs.5
Step-by-step explanation:
CP of 1 pen = Rs 400
SP of 100 pens = 100 + profit% divided by 100 x CP
= 100 + 25% divided by 100 x 400
125 divided by 100 x 400
= 500
SP of each pen = 500 divided by 100
= Rs.5